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Ramallah to Bethlehem, how long?
Palestine could be the first Arab country to industrialize. The potential is there. Regarding capabilities, other than the skilled labor force, Israeli infrastructure is…
Proposed solutions to reduce risks
IMF asks for the decisions declared after the summit on July 21st to be ratified completely. The world is faced with two major risks, one related to Europe and the other…
A country that gives credit to banditry cannot improve its value added
Turkey cannot improve its domestic value added unless solid applicable steps are taken about intellectual property rights. What is the similarity between Turkey and…
Deepening pessimism of the IMF, and Turkey
How should Turkey respond if the risks the IMF highlighted become reality? First it is necessary to stress one point: The Turkish economy will be sound and safe if the…
Europe’s solution is Turkey’s problem
The recapitalization of banks in Europe will sharpen the competition over the temporary savings surplus and increase the cost of these resources for Turkey. Europe needs…
An assessment of the IMF's recommendations
Turkey does not have the chance to put price stability on the back burner or give such impression. Now it is time to assess the policy recommendations of the IMF for…
Does Turkey accept refugees from Somalia now?
Not that I know of. Prime Minister Recep Tayyip Erdoğan was in New York yesterday, speaking to the U.N. General Assembly. He described the poverty he saw in Somalia and…
IMF marches to a different tune regarding the monetary policy
The IMF does not agree with the CBT though its gives their due. The IMF announced the preliminary conclusions of the 2011 Article IV Consultation report on Turkey on…
Where will the exchange rate head?
The economy has accumulated risks during the process of uncontrolled growth. The exchange rate adjustment is seen as a remedy to this problem. It appears that the…
How should the new monetary policy be?
Risk-lover financial sector and asset price bubble had revealed that the “conventional” monetary policy will no longer be sufficient. Thanks to the Central Bank of…
On Israeli-PKK relations – II
After the Cold War, Turkish-Israeli relations took a new shape. Saddam Hussein’s invasion of Kuwait was a source of trouble for both parties. Saddam, who was then in…
I am at the Erzurum-REDEVCO Shopping Mall
Women in Erzurum participate in business life more. Erzurum is changing as Turkey is changing. Yesterday this tweet was on Twitter: "I am at Erzurum REDEVCO Shopping…